Acceptable Guaranty definition

Acceptable Guaranty means a guaranty issued by an Acceptable Guarantor, substantially in the form of Exhibit H attached hereto.

Acceptable Guaranty means an unconditional, irrevocable, direct-pay guaranty (a) in the form of Exhibit I duly executed by an Acceptable Guarantor; and (b) as to which NYSERDA has received (i) such financial statements in respect of such Acceptable Guarantor as it has reasonably requested, (ii) customary legal opinions with respect to capacity, authority and enforceability of such guaranty and as to such other matters as reasonably requested by NYSERDA, and (iii) corporate documents, resolutions, copies of any necessary consents and approvals and customary certificates by and in respect of such Acceptable Guarantor as may be reasonably requested by NYSERDA.

Acceptable Guaranty means a guaranty, substantially in the form of Exhibit R-2 or otherwise in a form reasonably acceptable to the Administrative Agent, the Required Lenders and the Collateral Agent, executed and delivered by an Acceptable Guarantor in favor of (x) in the case of an Acceptable Guaranty provided as Acceptable Member Credit Support, the Collateral Agent (for the benefit of the Secured Parties) or (y) in the case of an Acceptable Guaranty credited to the Completion Reserve Account (as defined in the Depositary Agreement), the Borrower, and which guaranty and all related documentation are satisfactory to the Administrative Agent, acting reasonably.

Examples of Acceptable Guaranty in a sentence

• Seller may fulfill the requirements of Sections 15.01 and Section 15.02 through an Acceptable Guaranty.

• If at any time a guaranty provided under this Section 15.05 ceases to be an Acceptable Guaranty, Seller shall provide to NYSERDA replacement Contract Security in the form of cash, certified funds, a substitute Acceptable Guaranty, or Letters of Credit conforming to the requirements of Section 15.01 and Section 15.03 within five (5) Business Days.

• No more than five (5) Business Days after the Effective Date, unless otherwise agreed to by NYSERDA, Seller must provide Contract Security, in the form of cash, certified funds, a Letter of Credit conforming to the requirements of Section 15.03, or an Acceptable Guaranty conforming to the requirements of Section 15.05, in an amount equal to the product of the Offer Capacity (in MW) and five thousand dollars ($5,000).

• Thus, the priorities of the transitional process may be taken into account as constituting the factors affecting the enforcement of the punishment through extinguishing it with a pardon, suspending it, limiting it or replacing it with other kinds of measures.

• Grant Recipient may fulfill the requirements of Section VIII.A. through an Acceptable Guaranty.

More Definitions of Acceptable Guaranty

Acceptable Guaranty means, in respect of each Purchaser, a Guaranty issued by an Acceptable Guarantor.

Acceptable Guaranty means any guarantee contemplated by the Mizuho/Glencore Transaction Documents or an unsecured guaranty made by any Loan Party in favor of any of the holders of any New US Securities or New Euro Securities which guaranty is (i) unless otherwise agreed to by the Agent, subordinated in right of payment to all of the Obligations on terms and conditions reasonably satisfactory to the Agent and (ii) on other terms and conditions reasonably satisfactory to the Agent.

Acceptable Guaranty means a guaranty, substantially in the form of Exhibit E or otherwise in a form reasonably acceptable to the Administrative Agent, the Required Lenders and the Collateral Agent, executed and delivered by an Acceptable Guarantor, in the case of an Acceptable Guaranty credited to the Debt Service Reserve Account or the Capacity Deficiency Reserve Account, in favor of the Collateral Agent (for the benefit of Secured Parties).

Acceptable Guaranty means a Guaranty substantially in the form of Exhibit B hereto, in favor of the Collateral Agent, guaranteeing the obligations of a Contributing Partner to make all of the Equity Contributions required to be made by such Contributing Partner under this Agreement, entered into, executed and delivered by a party which is the parent company or other Affiliate of such Contributing Partner, which parent company or other Affiliate (i) is rated Investment Grade by S&P and Xxxxx'x, and (ii) has net worth of not less than $100,000,000.

Acceptable Guaranty means a guaranty of payment and not of collection from a guarantor acceptable to Lender in it sole, but reasonable discretion, in form and substance reasonably acceptable to Lender.

Acceptable Guaranty means a guaranty issued by an Acceptable Guarantor, substantially in the form of Exhibit H attached hereto. ---------

Acceptable Guaranty means a guaranty in form and substance satisfactory to the Required Holders from an entity rated at least A- by S&P or Fitch or A3 by Xxxxx’x.